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How OpenAI’s Missed Investment Shaped Intel’s AI Strategy

In the quickly developing field of artificial intelligence, a crucial choice made by Intel in 2017 and 2018 has the potential to significantly change the

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Nanonets Revolutionizes Business Operations with AI-Powered Automation

Founded in 2017 by Sarthak Jain and Prathamesh Juvatkar, Nanonets is an innovative AI data extraction software designed to help businesses streamline document workflows and

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Advisory Group Formed to Develop AI Regulatory Framework: Government Initiative to Promote Innovation and Curb Misuse

Jitin Prasada, the Minister of State (MoS) for Electronics and Information Technology, announced on August 1, 2024, the creation of an advisory group entrusted with

Explore the impact of Microsoft's latest round of layoffs affecting various teams and locations. Learn about the company's restructuring efforts in 2023 and 2024 amid significant tech industry adjustments, impacting approximately 100,000 employees this year.
Information Technology

Microsoft’s Q4 Earnings: Cloud Growth Slowdown Overshadows Strong Performance

Microsoft reported solid financial results for its fiscal fourth quarter ending June 30, 2024, with revenue and earnings surpassing analyst expectations. However, the tech giant’s

Automation and AI are fundamentally reshaping the workplace and employment landscape. Generative AI technology is pushing organizations to rethink how work is done, with capabilities surpassing human potential.
Opinion

Automation: A Pivotal Force Shaping The Future Of Employment

Generative AI: Redefining the Workplace Landscape Automation is starting to play a major role in changing the nature of labor and the workplace. With powers

Troubled edtech giant BYJU'S has paid the Board of Control for Cricket in India (BCCI) a partial amount of INR 50 crore, marking a significant step towards addressing its financial crisis. The company, which was facing bankruptcy proceedings brought by the BCCI due to unpaid debts of INR 158.9 crore, is temporarily relieved by this action.
Business

BYJU’S Makes Partial Payment To BCCI To Stave Off Insolvency

Edtech Giant Seeks to Resolve Financial Crisis Troubled edtech giant BYJU’S has paid the Board of Control for Cricket in India (BCCI) a partial amount

Startup employees holding ESOPs can benefit significantly from the recent LTCG tax cut. Learn how secondary share sales can lead to substantial tax savings compared to traditional buybacks. Discover recent examples of successful secondary deals by Indian startups and understand the potential impact of indexation removal on tax benefits.
Startups

Big Tax Benefit For Startup Employees Selling Shares In Secondary Deals

A recent reduction in Long-Term Capital Gains (LTCG) tax in India may provide a considerable tax benefit for startup employees holding Employee Stock Option Plans

India's startup ecosystem is booming, with projections of a $1 trillion contribution to the economy by 2030. Moneycontrol Startup Conclave brought together industry leaders to discuss challenges and opportunities.
Latest

India’s Startup Ecosystem: A Trillion-Dollar Dream

India’s startup landscape is experiencing unprecedented growth, with projections indicating a potential $1 trillion contribution to the economy by 2030. This surge is fueled by

Discover the factors that led to the collapse of EV startup Fisker. From production setbacks and financial woes to safety concerns, learn about the critical mistakes that doomed the company.
Latest

Fisker’s Fall: A Timeline Of The EV Startup’s Demise

Fisker’s electric vehicle dream turned into a nightmare. Once envisioned as a leading player in the EV market, the company’s trajectory was marked by production

Mukund Jha, a key figure behind the rapid growth of hyperlocal delivery platform Dunzo, is embarking on a new entrepreneurial venture. The former chief technology officer of Dunzo is in advanced discussions to raise between Rs 50-80 crore (approximately $6-10 million) from Together Fund for his nascent generative AI startup.
Latest

Dunzo Co-Founder Mukund Jha Raises Funds For Gen AI Startup

Former Dunzo CTO in talks to secure Rs 50-80 crore Mukund Jha, a key figure behind the rapid growth of hyperlocal delivery platform Dunzo, is